High Street, Ingatestone, Brentwood, Essex, CM4

£95,000

Guide price

DESCRIPTION:

A modern and fully refurbished Restaurant/Cafe/Bar in the heart of Ingatestone High Street, within a grade II listed building. Comprising a ground floor in some 1,250 sq.ft. together with commercial kitchen & ancillary and ladies & gents WC's. 1st floor stores and rear parking for 3 vehicles.

Property A really attractive grade II listed building. The ground floor extends to a total of approx. 1,250 sq.ft. including the principal trading area, bespoke Bar and ladies and gents toilets. Fully equipped kitchen & washing up room. 1st floor comprises 3 rooms used for storage. To the rear, accessed via a shared driveway, parking for 3 vehicles and side access to the building.

Location Ingatestone is an affluent commuter village, surrounded by a number of other equally affluent villages including Mountnessing & Fryerning. The railway station provides a 1 hour train service to London Liverpool Street. The M25 motorway is 10 minutes by car, with the A12 providing fast road access to London, Chelmsford & Colchester. The village is typified by a number of other historic listed buildings, with most of the traders being independent and locally owned.

Premises Licence The opening hours referred to are Sunday-Thursday 8am till 11.30pm and 8am till midnight Friday & Saturday. This permits the sale of alcohol, on and off the premises, and live and recorded music.

Method Of Sale Our Clients own another business with the same trading name, and for that reason, the trading name is not for sale. This offer comprises the sale of all trade fixtures and fittings, the transfer of the Premises Licence and the assignment of the lease only. No trading information, written or otherwise, is available or will be provided.

Tenure Leasehold. Dated 18th February 2019 for 15 years from the 1st February 2019.

Rent £25,000 per annum, subject to a first rent review on the 18th February 2024 and every 5th year thereafter.

Business Rates The 2017 rating assessment describes the property as Restaurant & Premises with a value of £20,250. This results in the sum of approx. £10,125 payable.

Legal Fees Each party is to be responsible for their own legal fees.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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